Preparing for Business Mediation in Florida? Five Tips You Need to Know
If your Florida company is involved in a business dispute, mediation may be the best available option to seek a resolution. Mediation offers many potential benefits to businesses, including: considerable cost savings, overall efficiency, complete confidentiality, full control, flexibility and, importantly, a collaborative atmosphere that helps companies preserve commercial relationships.
If your company is considering mediation in South Florida, it is imperative that you are fully prepared for all aspects of this alternative dispute resolution (ADR) process. To help you get started, our experienced Miami business litigation attorneys have put together a list of five important mediation preparation tips that you need to keep in mind:
- Define the Issues That are at Stake in the Case
Before beginning mediation, you need to sit down and make sure that you fully understand all of the issues that are at stake in your dispute. This is a critically important first step, as you cannot properly prepare for mediation until you know exactly what issues need to be resolved.
- Know Your Goals
After identifying the issues, you need to focus on creating goals. Do you know what you want to get out of the mediation process? You should. Typically, there will be certain issues at stake that are extremely important to your business, while there will be other issues that are less important, and thus deserve less focus or could act as a point of compromise. Clarify your goals.
- Identify Points of Common Interest
Ultimately, mediation is meant to be a collaborative process, where opposing parties can come together to reach a mutually agreeable settlement. For the mediation process to work effectively, you should be able to identify some common points of interest that your company has with the opposing party.
- Be Prepared With Facts, Documents, Records and Other Evidence
Even though mediation takes less preparation than does full litigation, you still need to carefully assemble your case. Before beginning mediation, you need to have all of the relevant evidence that you can get your hands on. Remember, a mediation is a negotiation.
- Hire a Top-Rated Florida Business Mediation Lawyer
You should not go through mediation without a qualified professional legal advocate by your side. Indeed, if you are considering business mediation, the single best thing you can do to protect the rights and interests of your company, is to get an experienced Florida business mediation attorney involved in your case as early on in the process as possible. Your attorney will be able to help you prepare your case and move towards the best available resolution for your business.
Request Your Free Consultation Today
At Pike & Lustig, LLP, our top-rated Florida business litigation lawyers have deep experience representing clients at mediation. To find out more about what our legal team can do for your company, please do not delay in calling us today to set up your free case evaluation. From our offices in Miami and West Palm Beach, we serve businesses throughout the region, including in Pinecrest, Palmetto Bay and Cutler Bay.